Trading

Dutch pensions giant throws support behind IEX Group

PGGM says the execution quality it has achieved on exchange made famous by Flash Boys is 'consistently high'

Brad Katsuyama
Brad Katsuyama Photo: Getty Images

The manager of Europe's second-largest pension fund has become the latest investor to openly support IEX Group, the US exchange made famous by Michael Lewis's book Flash Boys.

PGGM, which manages €167 billion of Dutch pensions money, has said it has been able to achieve larger trades at better prices on IEX compared to other US trading venues.

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